Telefonaktiebolaget LM Ericsson reports results for the quarter ended June 30 - Earnings Summary
Telefonaktiebolaget LM Ericsson reports results for the quarter ended June 30 - Earnings Summary
Telefonaktiebolaget LM Ericsson ERICb.ST reported quarterly adjusted earnings of SEK1.40 per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of SEK1.56. The mean expectation of eleven analysts for the quarter was for earnings of SEK1.35 per share. Wall Street expected results to range from SEK1.00 to SEK1.57 per share.
Revenue fell 6.1% to SEK52.69 billion from a year ago; analysts expected SEK53.56 billion.
Telefonaktiebolaget LM Ericsson's reported EPS for the quarter was SEK1.22.
The company reported quarterly net income of SEK4.05 billion.
Telefonaktiebolaget LM Ericsson shares had risen by 4.3% this quarter and gained 24.4% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 7.9% in the last three months.
In the last 30 days, two analysts negatively revised earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 5 "strong buy" or "buy," 11 "hold" and 7 "sell" or "strong sell." The average consensus recommendation for the communications & networking peer group is "buy."
Wall Street's median 12-month price target for Telefonaktiebolaget LM Ericsson is SEK101.25, about 11.4% below its last closing price of SEK112.75
This summary was machine generated from LSEG data July 14 at 06:37 a.m. UTC. All figures in Swedish crowns unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jun. 30 2026 | 1.35 | 1.40 | Beat |
Mar. 31 2026 | 1.14 | 1.39 | Beat |
Dec. 31 2025 | 2.21 | 2.90 | Beat |
Sep. 30 2025 | 1.92 | 3.44 | Beat |
Recent news on Telefonaktiebolaget LM Ericsson
See all newsBrief: Singtel, Ericsson Deepen Partnership
Brief: Telstra And Ericsson Expand Collaboration
European majors set for Q3 earnings growth despite darkening view on consumer cyclicals
Europe Research Roundup: AJ Bell, CMC Markets, Nestle
Ericsson tops STOXX 600 after Q3 beat 'well above normal seasonality'